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ElectricityRatePerKWh

Otero County Electric Coop Inc Electricity Rate per kWh (2024 EIA Data)

Cooperative|EIA utility 14224|New Mexico|Bundled

In 2024, Otero County Electric Coop Inc's residential customers paid an average of 17.65 cents per kWh: $20 million of revenue over 113,297 MWh of sales across 16,448 bundled residential customers, as reported to EIA on Form 861.

Residential 2024
17.65¢
per kWh, bundled
vs NM avg 2024
+24.3%
state 14.20c
Bundled res. customers
16,448
20,582 all sectors
Rank in NM by res. accounts
#9 of 21
1.5% of state residential MWh

How the 17.65c figure is calculated

17.65c/kWh = $20,000k revenue / 113,297 MWh x 100. This is EIA's average realised price for 2024: everything Otero County Electric Coop Inc billed its residential customers (energy, delivery, fuel and rider charges, fixed charges) divided by the kilowatt-hours it sold. It is not a tariff rate, and a 2024 annual average will differ from a current bill. For a 1,000 kWh month at this average, the energy cost works out to about $177 before taxes.

About Otero County Electric Coop Inc's 2024 electricity prices

Otero County Electric Coop Inc is a member-owned cooperative electric utility that reports to the U.S. Energy Information Administration under utility number 14224. In 2024 it served 16,448 bundled residential customers in New Mexico, and its average realised residential price was 17.65 cents per kWh: $20 million of residential revenue divided by 113,297 MWh of residential sales.

Across the other sectors, Otero County Electric Coop Inc's 2024 average prices were 15.75 cents for commercial customers (4,134 accounts).

Within New Mexico, Otero County Electric Coop Inc ranked number 9 of 21 utilities with bundled or delivery service by residential accounts served (16,448) and accounted for 1.54% of the state's residential electricity sales in 2024, measured in MWh sold or delivered rather than in customers. The state-wide average realised residential price in 2024, computed from the same EIA file, was 14.20 cents per kWh, so Otero County Electric Coop Inc's customers paid 3.45 cents above the New Mexico average (+24.3%). For context, EIA's latest monthly figure for New Mexico is 15.06 cents per kWh (June 2026, Electric Power Monthly); that is a different, more recent measure across all utilities and is not directly comparable with a 2024 annual average.

EIA's service-territory file places Otero County Electric Coop Inc in 4 New Mexico counties: Chaves, Lincoln, Otero, and Socorro. On the grid side it operates in the WECC NERC region, and reported distribution as its activities. Balancing authority code: PNM.

Otero County Electric Coop Inc is not among the utilities included in EIA's preliminary 2025 early release, so the 2024 final data is the most recent figure available for it.

The nearest other utilities in New Mexico by service-territory centroid are Central Valley Elec Coop, Inc (80 miles away, 8.91 cents), Central New Mexico El Coop, Inc (85.7 miles away, 17.16 cents), Public Service Co of NM (85.9 miles away, 15.57 cents), El Paso Electric Co (95.7 miles away, 13.46 cents), and Roosevelt County Elec Coop Inc (109.4 miles away, 12.07 cents).

2024 sales by sector in New Mexico (bundled service)
SectorCustomersSales (MWh)Revenue ($k)Avg c/kWh
Residential16,448113,29720,00017.65
Commercial4,13487,93913,85415.75

Counties served in New Mexico (4)

ChavesLincolnOteroSocorro

From the EIA-861 Service Territory file; a listed county can be served in part only.

Nearby and comparable utilities in New Mexico

Central Valley Elec Coop, IncCooperative, 80 mi between territory centroids
6,150 res. accounts 8.91c
Central New Mexico El Coop, IncCooperative, 85.7 mi between territory centroids
19,126 res. accounts 17.16c
Public Service Co of NMInvestor Owned, 85.9 mi between territory centroids
492,945 res. accounts 15.57c
El Paso Electric CoInvestor Owned, 95.7 mi between territory centroids
407,336 res. accounts 13.46c
Roosevelt County Elec Coop IncCooperative, 109.4 mi between territory centroids
3,918 res. accounts 12.07c
EIA-861 facts, 2024
EIA utility number
14224
Ownership type
Cooperative
Data year
2024 final (EIA-861)
Primary state
New Mexico
Service type
Bundled (Part A)
Bundled residential customers (NM, price basis)
16,448
Residential accounts served (NM)
16,448
All accounts, all sectors (NM)
20,582
Residential price, 2024
17.65 c/kWh
Commercial price, 2024
15.75 c/kWh
Residential sales
113,297 MWh
Residential revenue
$20 million
Rank in New Mexico by residential accounts served
9 of 21
Share of New Mexico residential sales (MWh, not customers)
1.54%
New Mexico average, 2024
14.20 c/kWh
Counties served (NM)
4
NERC region
WECC
Balancing authority
PNM
Reported activities
Distribution
Registry status
Reported on Form EIA-861 for 2024
New Mexico today
Residential (June 2026)15.06c
Commercial10.82c
Industrial4.62c
New Mexico electricity rate page ->All utilities in New Mexico ->
Energy cost at 17.65c
500 kWh$88.25
750 kWh$132.38
1,000 kWh$176.50
1,500 kWh$264.75

Realised price times usage; fixed charges are already inside the average. Bill calculator ->

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Source and method

Source: U.S. Energy Information Administration, Form EIA-861 Annual, 2024 final data (public domain), retrieved 28 August 2026; prices are average realised revenue per kWh, not tariffs. Final 2024 file f8612024.zip (released 3 December 2025) from the EIA-861 detailed data files. Preliminary 2025 figures come from the early-release file f8612025er.zip (4 August 2026), which EIA has not yet validated; they are labelled as such wherever shown and never mixed into a final figure.

Method: cents per kWh = revenue (thousand dollars) divided by sales (megawatthours), times 100. Customer counts, sales and revenue are the utility's own annual survey responses by state and sector. Bundled = energy plus delivery from one utility; delivery-only = the wires charge for customers who buy energy from a competitive supplier; energy-only = a competitive supplier's energy charge without delivery. County lists come from the EIA-861 Service Territory file; territory centroids used for "nearby utilities" are unweighted means of Census 2023 county centroids. EIA content is in the public domain (EIA copyright and reuse statement); the EIA logo is not used. Corrections: [email protected].